Europe

Sanctions

US, UK Unveil Initial Sanctions Response to Iran’s Airstrike

By Editors | 18/04/2024

The US sanctions target Iran’s drone production, steel industry and auto companies. The UK targeted those responsible for the weekend attack.

AML / KYC

UK Launches Global Initiative to Enhance Corporate Transparency

By Mark Johnston | 18/04/2024

The UK government has announced a global call to action for increased transparency in company ownership.

ESG / Sustainability

Bursa Malaysia Gains UK Boost for Sustainable Investments

By Nithya Subramanian | 17/04/2024

Bursa Malaysia will collaborate with the UK’s MOBILIST programme to enable greater investment in energy transition.

Fintech / Regtech

ISDA Extends Digital Regulatory Reporting Initiative

By Editors | 17/04/2024

The initiative is being extended to cover new derivatives reporting rules in the UK, Australia and Singapore.

Enforcement

No Criminal Misconduct Found in EY’s Wirecard Audits

By Editors | 17/04/2024

EY could have faced unlimited liability for claims of damages from Wirecard’s administrator and former shareholders if criminal misconduct was found.

AML / KYC

GLEIF Announces First European-based vLEI Issuer

By Editors | 17/04/2024

The vLEI is the cryptographically secure digital counterpart of a conventional LEI that can be used to automate business process.

ESG / Sustainability

ESG Requirements Could Hinder EU Banks’ Competitiveness – Report

By Nithya Subramanian | 16/04/2024

The EBF’s Denisa Avermaete said ESG buffers are problematic because they are an “exclusively European tool”.

Sanctions

G7 Considers Sanctions Response to Iran Attack on Israel

By Editors | 15/04/2024

The sanctions may involve designating Iran’s IRGC as a terrorist organisation, and specific sanctions against drone and missile programmes.

Sanctions

US and EU Announce New Sanctions Targeting Hamas

By Editors | 15/04/2024

The US targeted leaders of Hamas cyber and drone operations. The EU targeted three entities linked to human rights abuses.